Southern Energy (LON:SOUC) Stock Price Up 0.8% – Still a Buy?

Southern Energy Corp. (LON:SOUCGet Free Report)’s stock price rose 0.8% during mid-day trading on Friday . The company traded as high as GBX 3.25 ($0.04) and last traded at GBX 3.03 ($0.04). Approximately 20,000 shares traded hands during trading, a decline of 69% from the average daily volume of 65,004 shares. The stock had previously closed at GBX 3 ($0.04).

Southern Energy Stock Performance

The company has a debt-to-equity ratio of 17.43, a quick ratio of 2.59 and a current ratio of 0.22. The firm has a market capitalization of £6.36 million, a P/E ratio of -0.13 and a beta of 1.17. The company has a 50-day simple moving average of GBX 3.14 and a two-hundred day simple moving average of GBX 4.15.

Southern Energy Company Profile

(Get Free Report)

Southern Energy Corp. is a natural gas exploration and production company. Southern has a primary focus on acquiring and developing conventional natural gas and light oil resources in the southeast Gulf States of Mississippi, Louisiana, and East Texas. Our management team has a long and successful history working together and have created significant shareholder value through accretive acquisitions, optimization of existing oil and natural gas fields and the utilization of re-development strategies utilizing horizontal drilling and multi-staged fracture completion techniques.

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